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TODAY'S TOP DEVELOPMENTS Monday, February 27, 2017  

 
Industry news, expert analysis, and daily updates on the most significant insurance coverage legal developments—from the insurance and legal experts of The National Underwriter Company.

 CASE LAW

FC&S Legal Quiz 8
FC&S Legal's Insurance Coverage Law Quiz 8: Parked Cars, Dog Bites, and Coverage Fights
Welcome to FC&S Legal's next Insurance Coverage Law Quiz! We provide summaries of five cases discussed in the Case Law Developments column of FC&S Legal involving dogs biting someone from or near a parked car. You decide whether the courts found coverage, or not. Answers appear Tuesday. Good Luck!  Read More

Builders Risk
New York's Top Court Rejects Coverage for Tower Crane Damaged by Superstorm Sandy
New York's highest court has ruled that a contractor's tools exclusion in a builder's risk insurance program precluded coverage for damage to a tower crane caused by Superstorm Sandy — and that the exclusion did not make the coverage afforded under the temporary works provision of the insurance program illusory. Read More

Life Insurance
Prudential Notified Wells Fargo That It May Seek Indemnification for "MyTerm" Costs
The Form 10-K filed on February 17 by Prudential Financial, Inc., contained an update on the dispute over the "MyTerm" life insurance product that Prudential sold through Wells Fargo Bank from June 2014 until this past December. Read More

Attorney's Fees
Prudential Insurance Sanctioned for Failing to Send Representative to Court-Ordered Mediation
A United States magistrate judge in Kansas has sanctioned Prudential Insurance Company of America for failing to send a party representative to a court-ordered mediation.  Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

Health Insurance

In Settlement with N.J. Regulator, Horizon Blue Cross/Blue Shield Agrees to Pay $1.1 Million to Settle Privacy Breach Allegations
New Jersey's largest healthcare provider, Horizon Healthcare Services, Inc., has agreed to pay $1.1 million and improve data security practices to settle allegations by the New Jersey Division of Consumer Affairs that it failed to properly protect the privacy of nearly 690,000 New Jersey policyholders whose personal information was contained on two laptops stolen from the insurer's Newark headquarters. Read More

Title Insurance
Missouri Insurance Department Recommends Title Agencies "Verify and Call Back" Before Sending Payments
The Missouri Department of Insurance is suggesting that title insurers, title agencies, and title agents educate their staff about fraudulent email schemes and implement procedures to "verify and call back" to the consumer, ensuring the instructions are correct. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
FC&S Legal Publishes "Untangling the Mystery of Cybersecurity Insurance"  Read More

Allied World North America Revises Executive ForceField Side A Lead DIC Product  
Read More

Julian Brown Joins AXIS Insurance to Lead London Market Professional Lines MGA Growth  
Read More

XL Catlin Releases "Contract EGuide Professional Services Agreements — A Primer"  
Read More

Enstar Sells Pavonia Life Business to Global Bankers Insurance Group  
Read More

View All Industry News
 
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Discussion
Allocation of Loss Dispute

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 INSURANCE COVERAGE
 LAW REPORT
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60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@alm.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com
FC&S Legal Editorial Advisory Board
Mitchell J. Auslander, Willkie Farr & Gallagher LLP
Carrie Cope, Cope Ehlers, P.C.
Anjali C. Das, Wilson Elser
John F. Finnegan, Chadbourne & Parke LLP
Michele L. Jacobson, Stroock & Stroock & Lavan LLP
Timothy P. Law, Reed Smith LLP
Cort T. Malone, Anderson Kill, P.C.
Richard D. Milone, Kelley Drye & Warren LLP
Joseph P. Monteleone, Rivkin Radler LLP
Anne M. Murray, Rivkin Radler LLP
Jerold Oshinsky, Kasowitz, Benson, Torres & Friedman LLP
Seth B. Schafler, Proskauer Rose LLP
Thomas F. Segalla, Goldberg Segalla
David D. Thamann, The National Underwriter Company

FC&S Daily Legal Report ($1,295 annual subscription) is included as part of your subscription to FC&S Legal: The Insurance Information Center. FC&S Daily Legal Report and The Insurance Coverage Law Report are publications of The National Underwriter Company. For more information, visit www.fcandslegal.com. To subscribe to FC&S Legal, please contact customer service at 1-800-543-0874 or customerservice@nuco.com.

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